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Practical commentary on the legal developments that affect businesses and individuals in Cyprus.
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Immigration & Residency
What is the digital nomad visa? The "Cyprus Digital Nomad Visa" Scheme allows nationals from non-EU and non-EEA countries, who can perform their work location-independently using telecommunications technology, to reside temporarily in Cyprus and work for an employer registered abroad or perform work through telecommunications technology for companies or clients located abroad. Who can apply?… Read
Immigration & Residency
How do I get residency in Cyprus? There are different methods to acquire Cyprus residency for non EU applicants. All involve some type of investment which in all cases is set to €300,000 plus VAT if applicable. We go through the options below: Investment in Residential Property. In this context, permanent residency can be… Read More
Headquartering to Cyprus made easy. A company owned by Non EU nationals can relocate to Cyprus with a minimum investment of €200,000 euro. Cyprus has established a “Business Facilitation Unit (BFU)”. The Unit will be the single point of contact for foreign companies. The purpose of the new unit will be the fast and efficient… Read More
Immigration & Residency
Non EU citizens have the right to reside in Cyprus for more than 3 months on a Visitor Residence Permit. The key requirement is to show that they have in their possession stable or adequate income deriving from abroad. The term “adequate income” means a minimum deposited amount of EUR 10,000 for every adult and… Read More
Immigration & Residency
1.Introduction The Scheme is valid from 1st June 2022 until 31st May 2024. The "Cyprus Startup Visa" Scheme allows talented entrepreneurs from third countries [outside the European Union (EU) and outside the European Economic Area (EEA)], individuals or a team, to enter, reside and work in Cyprus in order to establish / operate / develop… Read More
Direct advice. Prompt response.
